My WordPress Blog Mon, 03 Jun 2019 17:00:48 +0000 en-US hourly 1 What to Finance : Investments Mon, 03 Jun 2019 17:00:48 +0000


What to finance : investments


What to finance : investments


The purchase of new machines, the development of a project, an assumption: all the reasons why it is necessary to obtain credit. That’s why businesses are worth it

New investments, the development of a project or a branch of the company but also the purchase of a machine to approach the 4.0, the restructuring of the production premises, or an initiative to attract new talent or strengthen the presence on the market with a targeted marketing campaign. These are some of the growth objectives that an entrepreneur can achieve by investing new capital, so almost always funding is needed. Basically there are two reasons why you can apply for and obtain financing: investments and liquidity .

In this post we address the first theme, that of investments, explaining why to face them and especially how to finance them.

This is an important hub for companies of all sizes and sectors, especially for Italian SMEs, whose fabric is made up of 90% of micro businesses that need to grow and keep pace with the technological revolutions under way. . There is talk everywhere and for reasons of Industry 4.0: that is, basically, a new way of producing based on automation and interconnection of the machines. No one is excluded from this which is undoubtedly an unprecedented revolution: that produce iron rods, drugs or beer, everyone must face and support change. To not succumb.

Investing, even in fields other than 4.0, is the only way to grow and keep up with the times, keeping your market share alive. Think, for example, of a restaurant that does not renew its structure in a cyclical way (from dehor to kitchen equipment, to staff and marketing): how long will it take for competitors to steal their customers? Planning investments means first of all thinking of the future.

What is the situation of our SMEs in terms of investments?

What is the situation of our SMEs in terms of investments?


What is the situation of our SMEs in terms of investments? According to the 2017 Cerved Report , the recovery , albeit slow, has begun. This is demonstrated by the fact that the number of small and medium-sized enterprises is increasing by 2.7% in 2016 with the birth of 90 thousand joint-stock companies and an acceleration in the number of micro businesses (+ 9.7%) that have made the dimensional leap. Between 2007 and 2014, the decline was 10%. And for 2018-2019, the trend is bound to strengthen: because ” SMEs have in fact increased investment from 6.2% to 7.8% compared to tangible fixed assets, with positive trends in all sizes and in all sectors considered. “.

Moreover, according to the Innovation report as a growth lever: the point of view of the young entrepreneurs of the think tank Digital Transformation Institute , the companies most likely to invest are those with a number of employees between 50 and 250 (45.5% have invested between 5 thousand and 50 thousand euros and 8.1% higher), but 39% spent less than 5 thousand euros and 28% nothing. 87% of the investing SMEs did it in infrastructure.

The fruits of these investments are evident, as the Digital Transformation Institute still observes: 62% of the companies that have focused on digital have seen an increase in revenues between 10% and 40%.

The hardest part of the crisis seems to be behind us and confidence in the future of entrepreneurs is beginning to pick up a positive trend. Above all, the numbers show how much it is important for SMEs to finance themselves for growth, and today there are many opportunities on the market that did not exist until 3 years ago . Concrete alternatives to traditional channels, often more suited to the needs of small companies, such as, which is one of the main ways to finance investments. On the marketplace of the loans are applicable to many areas and do not suffer from the limitations of other instruments such as leasing or rental, nor lengthy or dead times. The entrepreneur with an interesting history and project of growth will have an answer in 24 hours and the possibility of having available the money requested on his bank account in a few days (from 3 to 15 days) to immediately put to good use their projects of development.


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Savings card – 01 Bank Online | Credit Loan Wed, 08 May 2019 17:03:59 +0000




The monabanq savings card option allows you to make money with every credit card payment. The monabanq bank card allows you to save without thinking. In 2015, monabanq customers saved an average of € 90 a year, including € 12 paid by monabanq .

The savings card


The savings card


In order to take advantage of the savings card option, you only need to have a monabanq current account and to have a monabel savings account . All you have to do is pay with your credit card to save money by saving. The bank card option that saves monabanq is free and optional . You can enable or disable the option from the monabanq client area whenever you want. All you have to do is go to the Manage my accounts tab, under All your services and click on the savings card option .

The savings card option allows you to partially or totally refund the monthly contribution of the current account monabanq € 2 per month . On average, monabanq customers saved € 90 in 2015, including € 12 in interest paid by monabanq. The monthly contribution to the current account therefore cost them an average of € 1 per month.


The savings card, how does it work?


The savings card, how does it work?


The savings card option allows you to save without thinking with a 15% interest rate and thus earn money. But how does the savings card work?

To make money with the savings card option, it’s very simple, just use your credit card with each payment. For each of your purchases by credit card, monabanq rounds the amount withdrawn from your bank account to the next euro and pays the difference on your savings account at the end of the month. In addition, monabanq adds 15% of the difference.

savings card of Monabanq

For example, if you put gasoline in your vehicle for 27,01 €, monabanq will take 28 € on your checking account and pay the difference 0.99 € (28-27,01) + 15% of 0,99 € 1.14 at the end of the month. Monabanq allows you to save more with each payment by credit card without thinking. With 14 payments per month by credit card of a few euros and 1 cent, you make your monthly contribution of € 2 per month profitable.


The benefits of monabanq


The benefits of monabanq

The savings card is not the only advantage of monabanq online banking. Monabanq is also the possibility to open an account without income conditions . If you wish, you can open a bank account at monabanq by staying in your traditional bank since the domiciliation of your income is not mandatory at monabanq. You also do not have to pay a minimum amount every month to your account. With the current account, you benefit from dedicated advisors who, if you wish, can help you save and manage your money with budget coaching . You will also be able to benefit from help to complete your tax return and support in your administrative procedures during a death or an estate. You will not be alone in case of financial difficulties.

Monabanq attaches great importance to the customer relationship , it is not a coincidence that 92% of monabanq customers recommend their bank . This confirms his commitment ” People before money “. With the monabank credit card , you will keep a good memory of the online banking experience, with your savings that will not stop increasing, every time you spend!


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Bank Card – 01 Bank Online Wed, 24 Apr 2019 17:03:30 +0000


The bank card of monabanq at 2 € / month:

Like every online bank, Monabanq offers credit cards to its customers. The monabanq bank card is available in a classic visa version or a first visa .

First of all, you should know that Monabanq cards are exactly like standard bank cards because the visa organization offers the package of your card. There is no mastercard at monabanq, only visa.

This card is not free, but costs 2 euros per month and gives access to a real current bank account and many services.

Visa card monabanq visa classic:


The classic visa card of monabanq is the basic card for a price of 2 € monthly .

With this bank card you will be able to pay for your purchases, and your shopping, in any country and on the internet as well.

Withdrawals are also possible , and especially compared to other banks, withdrawals of money are free and at no charge in the distributors of the entire euro area .

There is also a service called turbo withdrawal that allows you to temporarily increase your cap to withdraw large amounts of money.

You can also choose the debit method on your account, offline or immediate debit. Immediate debit is mandatory for minors.

Finally you can also choose the color of your future monabanq bank card;

The monabanq bank card visa first:

Visa card first monabanq visa


Here is the big sister of the visa card, the first visa card. This card is only available for the option to 6 euros per month, with a proof of income of 750 euros per month, but in no case these revenues should be domiciled on Monabanq, it’s up to you.

This card has the same advantages as the classic visa;

It also has unlimited withdrawals and free ATMs in the euro area.

What the first monabanq visa card has in addition:

Mainly insurance and support services.

Assistance services: cancellation or modification of travel, mountain and snow also.

Insurance: Airplane delay, loss and / or delay of luggage, having a rental vehicle, civil liability abroad

To see all the insurance offered by your first visa card you can go directly to the visa site:

Conclusion on the monabanq bank card:

the monabanq visa card is an excellent card. She has many insurance and free services;

Here are the free services that have us a lot more!

Cash withdrawals ATM (ATM machine)

Withdrawals of money at the counter of other banks

ATM withdrawals in euro zone

Free Monabanq Card Opposition Fee

To see all offers of free credit cards online.

Bank card monabanq 3.9 (77.14%) 7 votes

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The Challenge of Digitization for the Banks of the Future Mon, 15 Apr 2019 17:51:48 +0000


Will the branches still represent an important channel in a multi-channel relationship with the bank customer? Absolutely not.
This is what Somesh Khanna, McKinsey Director of New York, tells us in an interview dedicated to the evolution of the banking world.

Look at air transport, for example – ” Banks need to change everything right away, to challenge their relationship and therefore business models. This is what has been done in various sectors for some time now that have abandoned their status quo, unlike banks. For example in air transport. In recent years, in this sector, we have moved from a paper experience to a totally digital and fully automated experience. We all know how important this evolution was and how it changed our way of traveling and living “.

Investing in a personalized user experience – It’s important and you have to be relentless in capturing new customer needs. After all, emphasizes Somesh in the interview, 86% of customers stop doing business with a company due to poor service and not up to the evolving needs of “new” consumers. Digital innovation, and only that, can transform the user experience into something highly personalized.


The challenge of digitization for the banks of the future


The challenge of digitization for the banks of the future


” Some banks – continues Somesh – claim that they have not learned and acquired some of the skills that digital native companies have in their DNA, how to constantly improve the user experience of customers, point to customer-oriented products (see account opening, credit, etc – processes now “old” of 20 years), collect and exploit the enormous amount of data and internalize the failures in the experimentations “.

Digital innovation: a top priority – So what do the banks have to do? They must put digital transformation as their top priority.
Is it enough to insert the “digital functions” in the organizational charts? McKinsey in the article claims that this is important, but it is not the best way.
In reality, digital transformation does not depend on the roles or at least on the organigrams. On the contrary, it depends a lot on all the people involved in the organization. If the single resource is able to have a clear and shared reading on digital strategies, the whole organization benefits from it and creates a virtuous circle, real and capable of concretely pursuing the digital challenge.


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Find out What You’re Rating Is How Do Others See You? Credit Rating Mon, 08 Apr 2019 11:18:02 +0000

What is a credit rating?

What is a credit rating?

A credit rating is a tool (set of indicators) that helps creditors and service providers to assess the client’s ability and willingness to pay their financial obligations in a timely manner. With this  With the help of this instrument, creditors want to get a better idea of ​​the creditor’s credibility, cash flow and possible changes in solvency. The credit rating is used by both the international credit rating agency ( Standard & Poor’s, Moody’s, Fitch ) for assessing the creditworthiness of states, municipalities and large companies, as well as banks, insurance companies, landlords, employers, assessing potential co-operation with a particular individual or business.

In Europe, different credit rating methodologies have been in operation for over a hundred years, but in Latvia, the use of this tool is still in its infancy. Creditors and service providers in Latvia have traditionally paid much more attention to the information collected by the debtors’ registers on the individual’s late payers. These databases are maintained by private companies – credit bureaus and information about debtors can be posted or viewed by any merchant who has entered into a cooperation agreement with the particular credit bureau.


How is my credit rating formed and why is it important?


 How is my credit rating formed and why is it important?

The assessment of the creditworthiness of private individuals is based on a number of factors and is ranked on a scale of 1 to 10 or even 1 to 1000. A higher credit rating means that the use of the service or purchase of goods will be more beneficial. The customer will be subject to a lower interest rate and / or commission and the overall terms of the contract will most often be more rewarding. It may also be important to apply for a loan that is granted for a shorter or longer repayment term.

Traditionally, 4 factors (in order of priority) are most affected by credit ratings:

  • Payment History – Whether all payments are made on time. Have there been any late payments, if so, how long? Is debt recovery passed on to debtors or bailiffs? Is there an out-of-court settlement of debt, insolvency proceedings, movable or immovable property auction.
  • credit liabilities – current types of loans (leasing, mortgage credit, credit cards, fast credit , consumer credit, study or student loan) and their total amount. How much are monthly payments, what is the term of payment of debts. The smaller the commitment, the better.
  • credit usage history – how long are you using the loan (s). Long and timely credit discipline discipline is judged more positively than a loyal commitment over a couple of months.
  • New Loans – When applying for an additional loan, the creditor evaluates how recently you have taken the last loan. If you’ve just taken a consumer credit or a credit card just now, and you want to take a mortgage, it can be seen as a risk-increasing factor.

Traditionally, the first 2 credit rating influences account for almost 70% of the total credit rating, but as we have mentioned in each country, another methodology is used and often focuses on credit history .

What additional factors may affect opportunities for collaboration or credit?

What additional factors may affect opportunities for collaboration or credit?

Credit rating is an important factor, but it is only part of a common formula that helps creditors make a decision. In addition to the credit rating in practice, lenders and other merchants may also consider many other factors:

  • or have used consumer or sms credits in the last year
  • For what purpose do you spend money and how much alcohol, entertainment and gambling deviate
  • age
  • income
  • expenditure
  • social benefits
  • workplace
  • Relationship Status (Married / Single)
  • number of children
  • place of residence
  • assets (provisions, movable and immovable property)

The assessment of all these factors is complicated and nowadays most creditors are entrusted with special computer programs for initial assessment. Upon receipt of a response, the credit specialist or the credit granting committee may make a decision based on past experience and other considerations you may have known. In everyday life, when it comes to credit history, most people actually talk about a credit rating that is much wider than the credit history.

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